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FundingLLCMembersrt:ManagementMember2025-12-31\n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\nFORM 10-Q\n\nQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended March 31, 2026\n\nCommission\n\nFile Number\n\nExact Name of Registrant as Specified in its Charter\n\nI.R.S. Employer\n\nIdentification Number\n\n333-179941-01\n\n333-204880\n\n333-225797-01\n\n333-257739-01\n\n333-280336\n\nPROSPER MARKETPLACE, INC.\n\na Delaware corporation\n\n221 Main Street, 3rd Floor\n\nSan Francisco, CA 94105\n\nTelephone: (415) 593-5426\n\n73-1733867\n\n333-179941\n\n333-204880-01\n\n333-225797\n\n333-257739\n\n333-280336-01\n\nPROSPER FUNDING LLC\n\na Delaware limited liability company\n\n221 Main Street, 3rd Floor\n\nSan Francisco, CA 94105\n\nTelephone: (415) 593-5426\n\n45-4526070\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nRegistrantTitle of Each ClassName of Each Exchange on Which Registered\n\nProsper Marketplace, Inc.NoneNone\n\nProsper Funding LLCNoneNone\n\nSecurities registered pursuant to Section 12(g) of the Act:\n\nRegistrantTitle of Each ClassName of Each Exchange on Which Registered\n\nProsper Marketplace, Inc.NoneNone\n\nProsper Funding LLCNoneNone\n\nIndicate by check mark whether each registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.\n\nProsper Marketplace, Inc.\n\nYes x No ¨\n\nProsper Funding LLC\n\nYes x No ¨\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).\n\nProsper Marketplace, Inc.\n\nYes x No ☐\n\nProsper Funding LLC\n\nYes x No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and \"emerging growth company\" in Rule 12b-2 of the Exchange Act.\n\nLarge\n\nAccelerated\n\nFiler\n\nAccelerated\n\nFiler\n\nNon-accelerated Filer\n\nSmaller\n\nReporting\n\nCompany\n\nEmerging Growth Company\n\nProsper Marketplace, Inc.\n☐☐\nx\n☐☐\n\nProsper Funding LLC\n☐☐\nx\n☐☐\n\n1\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).\n\nProsper Marketplace, Inc.\n\nYes ☐ No x\n\nProsper Funding LLC\n\nYes ☐ No x\n\nProsper Funding LLC meets the conditions set forth in General Instruction H(1)(a) and (b) of Form 10-Q and is therefore filing this Form 10-Q with the reduced disclosure format specified in General Instruction H(2) of Form 10-Q.\n\nAs of May 11, 2026, there were 78,914,214 shares of Prosper Marketplace, Inc. common stock outstanding. Prosper Funding LLC does not have any common stock outstanding.\n\nTHIS COMBINED FORM 10-Q IS SEPARATELY FILED BY PROSPER MARKETPLACE, INC. AND PROSPER FUNDING LLC. INFORMATION CONTAINED HEREIN RELATING TO ANY INDIVIDUAL REGISTRANT IS FILED BY SUCH REGISTRANT ON ITS OWN BEHALF. EACH REGISTRANT MAKES NO REPRESENTATION AS TO INFORMATION RELATING TO THE OTHER REGISTRANT.\n\n2\n\nTABLE OF CONTENTS\n\n \n\nPage No.\n\n[Forward-Looking Statements](#if5db81b2af2f471bb0537dd51465390f_10)\n\n[4](#if5db81b2af2f471bb0537dd51465390f_10)\n\nPART I.\n\n[FINANCIAL INFORMATION](#if5db81b2af2f471bb0537dd51465390f_16)"}